Rivada Networks and Macquarie Capital have announced they will jointly pursue opt-out state contracts under the FirstNet legislation, the companies said.
The first initiative of this alliance is a conditional award from the State of Colorado to build out its public-safety broadband radio access network. The companies are actively pursuing other opportunities to deliver innovative services for wholesale wireless and public safety.
Macquarie Capital and Rivada Networks, along with their consortium partners, will deliver a network which provides states substantial benefits – including a significant discount to the cost of service for public safety, job creation in the state, broad coverage expansion especially in rural areas, and real local control of the network. The purpose-built public safety network will provide greater functionality and lower the cost of telecommunications for public safety.
Rivada Networks is a designer, integrator and operator of wireless, interoperable communications networks. Its patented technology creates more efficient utilization of LTE networks, enabling both mission-critical-reliability for First Responders and new business models for commercial wireless services (i.e., wholesale, machine-to-machine, Internet of Things, etc.). Rivada has formed a consortium of companies to build and operate networks in the US and abroad.
Macquarie Capital´s Infrastructure and Energy Group is a sponsor and developer of infrastructure assets across a wide range of industries including communications, transportation, green energy, midstream and upstream energy, conventional power, regulated utilities and related technology. Macquarie Capital is a division of Macquarie Group, which has offices in 28 countries and staff of more than 2,500 people in the United States, as part of a global staff of approximately 14,000.